Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Tron (TRX) is once again in the spotlight as it tests the upper and lower boundaries of a key consolidation range that has held for months. The price has been oscillating between $0.211 and $0.295 -- a range that has acted as both support and resistance since the start of the year. With volatility gradually returning to the crypto market, a breakout from this zone could set the st...Read More
Sangareddy (Telangana) [India], July 1 (ANI): Telangana Governor Jishnu Dev Varma has expressed grief over the tragic fire accident that occurred at the Pashamylaram industrial area in Sangareddy district that killed 12 people. The Governor paid condolences to the families of those who lost their lives in the incident and wished a speedy recovery to the injured. Also Read | Rules Changing From July 1, 2025: From LPG Cylinder Prices and Railway Fares to Aadhaar-PAN Link, Check Key Rule Changes ...Read More
Mumbai: Even as global economic risks mount, India continues to stand out as a key engine of global growth on the back of strong domestic fundamentals and a resilient financial system, RBI governor Sanjay Malhotra said in the central bank's financial stability report."In a world of increasing uncertainty, India remains a key driver of global growth," Malhotra said, highlighting the country's robust demand, prudent policymaking, and macroeconomic stability. While external shocks and climate-relat...Read More
New Delhi: Finance minister Nirmala Sitharaman on Monday called for a fundamental rethink of global sovereign credit rating systems, arguing that they often fail to reflect the economic resilience and structural strengths of emerging markets. Speaking at the International Business Forum, the 4th International Conference on Financing for Development in Spain, Sitharaman pointed to India's strong macroeconomic fundamentals, including sustained high growth and prudent fiscal management, as evidenc...Read More
MUMBAI: Though elevated economic and trade policy uncertainties are testing the resilience of the global economy and the world's financial system, the domestic economy, especially the financial system, is in good shape and is a major driver of global growth, the Reserve Bank has said in its financial stability report for the first half of the year. "Despite an uncertain and challenging global economic backdrop, our economy remains a key driver of global growth, underpinned by sound macroeconomi...Read More
New Delhi [India], June 30 (ANI): Despite an uncertain and challenging global economic backdrop, the Indian economy remains a key driver of global growth -- underpinned by sound macroeconomic fundamentals and prudent macroeconomic policies, RBI said in its latest Financial Stability Report. Elevated economic and trade policy uncertainties are testing the resilience of the global economy and the financial system. Also Read | 'I Stand Firmly With Diljit': Actor Naseeruddin Shah Comes Out in Supp...Read More
In India, gold is more than just a metal -- it's a tradition, a symbol of security, and an investment rolled into one. This centuries-old cultural and financial mainstay, which has a sizeable share in India's inflation basket and has seen skyrocketing prices, may be distorting the country's 'core' inflation trajectory. Core inflation is a measure of inflation that aims to show the underlying, long-term trend of price changes in an economy, excluding the impact of components with volatile prices...Read More
New Delhi: Foreign Portfolio Investors (FPIs) are on course to become net buyers in Indian stock markets for the third straight month in June. In January, February, and March, they were net sellers throughout. Since April, however, they have turned net buyers in Indian equities. The latest data from the National Securities Depository Limited (NSDL) shows that FPIs have bought stocks worth ₹8,915 crore in June so far. In April and May, FPIs accumulated stocks worth ₹4,223 crore and ₹19,860 crore...Read More
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum is facing a crucial test as bulls and bears lock into a tight battle around the $2,500 level. Despite repeated attempts, bulls have yet to establish control above this key resistance, while bears have been unable to push the price to new lows, signaling an indecisive but increasingly tense standoff. This price compression comes at a time when broader market sentiment is s...Read More
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Gemini, a popular crypto exchange, has just launched a tokenized version of Michael Saylor's Strategy (MSTR) stock for EU users. Strategy is a Bitcoin-investing firm currently holding 592,345 $BTC, making it one of the largest institutional holders of the asset. Gemini has partnered with Dinari in an attempt to offer more liquidity and transparency by leveraging the latter's tok...Read More
Mumbai, June 28 (SocialNews.XYZ) The Indian stock markets finally ended their five-week-long consolidation phase, driven by improving global sentiment, easing geopolitical concerns, and noticeable buying by foreign institutional investors (FIIs) in the latter part of the week, analysts said on Saturday. After a cautious start, indices gained traction midweek as tensions between Iran and Israel appeared to ease, and global risk appetite returned. Consequently, the benchmark indices Nifty and Se...Read More
Kolhapur: While the NCP (SP) has declared support to the July 5 protest march against the "imposition of Hindi," the party's chief Sharad Pawar on Friday said celebrities such as cricketer Sachin Tendulkar should not be insisted upon to express their views on making Hindi a must in the Maharashtra school curriculum. "Ask Sachin about cricket; don't force him to take a stand on Hindi imposition," he said.Pawar was responding to Raj Thackeray's statement on Thursday that he wanted to see who -- es...Read More
Nagpur: The state govt is looking at futures and options to help farmers deal with risk due to price volatility in agriculture produce. In what is dubbed to be the first-ever move by the state, Maharashtra has opened a hedging desk in Pune covering cotton, the main crop of Vidarbha, as well as turmeric and maize.Over 3,000 farmers will be trained in hedging tools and strategies. Training will be given to farmers' producers' organisations (FPOs) and farmers in regions cultivating cotton, turmeric...Read More
New Delhi: India's economy remains on firm footing, but persistent global headwinds, ranging from trade frictions and policy uncertainty to ongoing geopolitical tensions, could weigh on future growth, the Finance Ministry said in its latest Monthly Economic Review released on Friday. "These external challenges could potentially impact India's growth trajectory and warrant close and continuous monitoring," added the May edition of the review. Despite these risks, the ministry maintained a large...Read More
Mumbai, June 27 (SocialNews.XYZ) To ensure fair market prices and increased income for farmers, the Maharashtra government, on Friday, launched a hedging desk in Pune under the first phase of the Balasaheb Thackeray Agribusiness and Rural Transformation (SMART) Project, officials said. This desk will initially focus on cotton, turmeric and maize crops. Over a period of time, the initiative will be expanded to include more crops, officials added. With the support of the National Commodity and ...Read More
New Delhi: For many, the world of investing can seem complex and intimidating, especially for first-time investors. With countless options, market volatility, and jargon-heavy communication, the journey often begins with hesitation. However, a Systematic Investment Plan (SIP) simplifies this process by offering a structured, long-term, and low-barrier entry into mutual fund investments. SIPs allow investors to contribute a fixed amount regularly into mutual funds, encouraging consistent investi...Read More
Mumbai: The Indian stock markets ended on a strong note on Friday, with benchmark indices touching a nine-month high. Investors were in a positive mood as tensions in West Asia eased amid reports of a 'great' India-US trade deal possibility, thus lifting market confidence and encouraging buying. The Sensex climbed 303.03 points, or 0.36 per cent, to close at 84,058.90. It traded within a range of 83,645.41 to 84,089.35 during the day. This is the fourth straight session of gains for the benchm...Read More
MUMBAI: Corporate India showed signs of renewed vigour in 2024-25, with listed private non-financial companies reporting a sales growth of 7.2%, an improvement from the anaemic 4.7% recorded the previous year. Data from Reserve Bank of India, based on financial statements of 3,902 listed non-government non-financial firms, point to a broad-based if uneven recovery-tempered by rising input costs and tightening margins.Manufacturing companies saw sales climb by 6.0%, up from 3.5% the year before. ...Read More
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Redd...Read More
Mumbai : India's equity benchmarks surged to a nine-month high on Thursday, led by bank stocks, as easing tensions in the West Asia revived investor sentiment, triggering liquidation of bearish bets amid expiry of June derivative contracts. The NSE Nifty rose 304.25 points or 1.2% to close at 25,549 while the BSE Sensex rose 1,000.36 points or 1.2% to end the day at 83,755.87. It marked the highest closing levels of both indices since last October when the equity markets had made a sharp run-up....Read More
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP is showing all the signs of a move brewing, and the chart doesn't lie. After a period of consolidation, price action is tightening, and technical indicators are flashing signals of an impending move. Whether it's a surge to the upside or a sharp reversal, the setup is in place, and momentum is building. XRP looks loaded and ready to make its next move. XRP price remains trapp...Read More
New Delhi, July 26 (SocialNews.XYZ) National Stock Exchange (NSE) Chief Business Development Officer Shriram Krishnan said on Thursday that electricity futures contracts can play a vital role in helping businesses manage and control their power costs effectively. In an exclusive conversation with IANS, Krishnan explained that electricity futures allow buyers to lock in power prices for future dates. "This helps fix electricity costs in advance. If, in the future, spot electricity prices rise b...Read More
New Delhi, June 26: The IPO of HDB Financial Services saw robust interest on Day 2 of public subscription, closing the day with 1.16x overall subscription. Backed by HDFC Bank, the offering attracted healthy demand across investor categories, despite volatility in the broader market. Analysts noted that the IPO benefitted from the company's strong brand lineage, extensive rural lending network, and a consistent track record of profitability. According to Gaurav Garg from Lemonn Markets, "HDB F...Read More
These companies are mobilising funds to support capital expenditure requirements especially for expansion plans, repayment of borrowings, and for general corporate purposes.Source : Fisdom After a sluggish start to 2025, the primary market is showing signs of revival with over a dozen companies having lined up their IPOs in the next three to six months buoyed by a stabilizing secondary market and easing geopolitical tensions, merchant bankers said. Among the companies preparing to tap the capi...Read More
New Delhi: Chief minister Rekha Gupta on Sunday said authorities cannot go against demolition orders issued by courts and stressed that displaced residents have been provided accommodation.Her words came in the wake of the recent Madrasi Camp demolition for which the opposition Aam Aadmi Party (AAP) has criticised her. AAP has targeted Gupta, and alleged that the displaced Madrasi Camp residents were provided homes in faraway Narela, and those lack basic amenities.Attending an event to mark the ...Read More
NEW DELHI: After a sluggish start to 2025, the primary market is showing signs of revival with over a dozen companies having lined up their IPOs in the next three to six months buoyed by a stabilising secondary market and easing geopolitical tensions, merchant bankers said.Among the companies preparing to tap the capital markets are HDB Financial Services, a subsidiary of HDFC Bank, National Securities Depository Ltd (NSDL), Kalpataru, Rubicon Research, All Time Plastics, Regreen-Excel EPC India...Read More
Chandigarh: The special NIA court for Haryana in Panchkula has directed the police and central agencies to ensure the protection of six key witnesses named in the chargesheet filed by the investigative agency in connection with the twin blasts outside two nightclubs in Gurugram on Dec 24 last year.While directing the investigating agencies and law enforcement authorities to ensure the protection of witnesses, the NIA court, presided over by Additional District and Sessions Judge Rajiv Goyal, als...Read More
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. With the recent intensification of volatility in the crypto market, many investors are no longer blindly chasing ups and downs, but are looking for a more stable and low-risk investment method. APT Miner cloud mining has therefore become a new choice for many XRP and Solana holders. By purchasing computing power contracts, users can easily participate in mining without purchasing ...Read More
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin has faced renewed volatility since late May, with the market retracing from recent highs and injecting a fresh dose of uncertainty across the board. While price action has cooled, BTC continues to hold above key levels that bulls are watching closely. The broader sentiment remains fragile, and many investors are on edge, unsure if this is a healthy pause or a setup for dee...Read More
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Financial Conduct Authority (FCA) of the UK is all set to lift its ban on cryptocurrency exchange-traded notes (ETNs) for retail investors. The FCA had banned ETNs in January 2021, citing their volatility and complexity for retail investors. Keep reading to find out more about the UK's decision regarding ETNs, how the US also has major pro-crypto legislation in the works, an...Read More